In the 1990s, Nike’s brand was damaged when it was discovered that some of its products were manufactured in sweatshop factories. Since the 1990s, Nike has repaired its brand reputation. According to the textbook, Nike’s business strategy before the 1990s did not employ
a. ethical managers.
b. a CSR filter.
c. the appropriate public relations firm.
d. a strategic planning director.
Ans: B
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Three dates are involved in the declaration and payment of dividends-the date of declaration, the date of record, and the date of payment
a. True b. False Indicate whether the statement is true or false
Which of the following best describes a company's financing activities?
a. Financing activities focus on the sale of products and services. b. Financing activities include selling products. c. Financing activities enable a company to acquire assets needed to run a business. d. Financing activities are represented by the revenues and expenses on the income statement.
The ______ outline is a sparse outline containing a few words to identify the key points of your speech.
a. preliminary b. working c. basic d. incomplete
Wisconsin Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $7000. The net book value of the asset was $28,900. Which of the following statements describes the cash effect of the transaction?
A) positive cash flow of $35,900 from financing activities B) negative cash flow of $21,900 for operating activities C) negative cash flow of $21,900 for financing activities D) positive cash flow of $21,900 from investing activities